June 2026 · Townhouses & Condos
Sarasota County Market Report
Source: Florida REALTORS® / Stellar MLS
Median Sale Price
$343,750
-7.5% vs. June 2025
Closed Sales
364
+25.5% vs. June 2025
Median Time to Contract
71 Days
Nearly unchanged vs. June 2025
Months of Inventory
6.3
Down from 8.3 last year
Cash Sales
59.1%
215 of 364 sales
List Price Received
92.0%
+2.3 pts vs. June 2025
The month in review
Sarasota County condos saw a major surge in transaction volume in June. Closed sales rose 25.5% year-over-year to 364 units, and total dollar volume climbed 24.3% to $208.2 million. The median sale price, however, fell 7.5% to $343,750 — a divergence from the single-family market's continued price growth. Cash buyers made up 59.1% of closings, down from 67.2% a year ago, suggesting financed buyers are returning to the segment.
The top of the condo market told a very different story. Sarasota County recorded 45 condo sales of $1 million or more in June, up 50.0% year-over-year — with sales between $1.25 million and $1.49 million nearly tripling and sales between $2 million and $2.99 million more than doubling. Months of supply fell from 8.3 to 6.3 as active listings dropped 12.1%, and sellers captured 92.0% of list price, up 2.3 points from last June.
If you’re buying
The condo median just fell 7.5% even as sales surged — a genuine window if you're shopping under $500K, where inventory and negotiating room are still real. That said, if you're looking above $1 million, expect competition: that tier posted 50% sales growth this month. Focus your due diligence on HOA reserves and insurance costs regardless of price point.
If you’re selling
Volume is strong and months of supply keeps tightening, but the median price decline means pricing discipline matters more than ever. Lead with your building's financial health — reserve studies, insurance costs, any recent special assessments — and price at today's market, not last year's. If your unit is in the $1 million-plus range, current demand is genuinely strong.
Market data is sourced from the MLS and local REALTOR® association reports and is deemed reliable but not guaranteed. Figures reflect the stated property type and area for the period indicated and are provided for general informational purposes only — they are not an appraisal, a guarantee of value, or investment advice. For an analysis specific to your property, request a custom report.
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